In his keynote address at this week’s Eastern Regional Meeting in New York, Deputy HUD Secretary/Federal Housing Administration Commissioner Brian Montgomery reaffirmed his commitment to making the Home … more Health of the HECM Program Improving
HUD
FHA Proposes New Lender Certification Requirements
Senior officials at the Federal Housing Administration today discussed a proposal to significantly change the agency’s loan-level and annual lender-level certifications to provide more precision and needed clarity … more FHA Proposes New Lender Certification Requirements
President Calls For Housing Reform Plan; Review of HECM
President Trump this week issued a memorandum that directs the Secretary of Housing and Urban Development to develop a housing reform plan that recommends changes to HUD, FHA … more President Calls For Housing Reform Plan; Review of HECM
Appraisal Recording Changes Made in FHA Connection
This past Monday, March 25, FHA updated the Appraisal Logging screen and Appraisal Case Transfer screen in FHA Connection. The announcement was made in FHA Info #19-03. The … more Appraisal Recording Changes Made in FHA Connection
FHA Issues Policy Guidance on Use of Third Party Verification Services
The Federal Housing Administration published Mortgagee Letter (ML) 2019-01:Third Party Verification Services, which provides guidance for the use of Third Party Verification (TPV) services as an alternative for verifying … more FHA Issues Policy Guidance on Use of Third Party Verification Services
HUD Names New Senior Advisor for HECM
Joshua Miller, PhD, joined the Office of Housing on January 28, 2019, as a Senior Advisor to Deputy Assistant Secretary for Single Family Programs Gisele Roget, with a particular … more HUD Names New Senior Advisor for HECM
FHA Postpones Implementation Date for Electronic Appraisal Delivery System
Last November, the Federal Housing Administration updated its Electronic Appraisal Delivery (EAD) system Appraisal Logging screen and its Appraisal Case Transfer screen in FHA Connection. Those changes — … more FHA Postpones Implementation Date for Electronic Appraisal Delivery System
FHA Services Available During Government Shutdown
While the Federal Housing Administration cannot insure new Home Equity Conversion Mortgages during the government shutdown, existing HECM borrowers whose loans are being serviced by FHA continue to … more FHA Services Available During Government Shutdown
FHA Operations And Systems Availability During Government Shutdown
Due to the federal government shutdown, until further notice the Federal Housing Administration’s Office of Single Family Housing and its mortgage insurance program will be operating with limited … more FHA Operations And Systems Availability During Government Shutdown
Urban Institute Encourages FHA to Release Loan Level HECM Data
The Federal Housing Administration should release more loan-level data so that researchers can better understand the risk factors that lead to losses in the Home Equity Conversion Mortgage … more Urban Institute Encourages FHA to Release Loan Level HECM Data